Compliance news and trends

Sovos Enhances Partner Network Amid Demand for Tax Compliance Services
B2B Payments // April 15, 2024

Compliance company Sovos has enhanced its Sovos Partner Network program to make it easier for partners to access new opportunities in technology, revenue and marketing. The program centers on the Sovos Compliance Cloud, which is a platform for tax compliance and regulatory reporting, the firm...

Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements
Cryptocurrency // April 10, 2024

The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken while speaking Wednesday (April 10) at Chainalysis’ Links conference in New York, the Wall Street Journal (WSJ) reported Wednesday. Each of...

Sovos Enhances Connector Marketplace Amid Tax Compliance Changes
Taxes // April 10, 2024

Tax software firm Sovos has debuted an enhanced version of its Connector Marketplace. The launch, announced Wednesday (April 10), makes it easier for customers and partners to connect to Sovos’ Compliance Cloud.  These connectors help companies implement Sovos’ tax compliance and regulatory reporting solutions into their enterprise financial systems,...

Can Payments Innovations Solve U.S. Merchants’ Top 5 Cross-Border Challenges?
Cross Border Commerce // March 21, 2024

With Wednesday’s (March 20) announcement about Visa’s expanded partnership with LemFi, the focus is on cross-border payments. The cross-border payments landscape itself is a dynamic and fragmented one, full of unique local frictions that present a number of obstacles to foreign businesses looking to capture market share outside of...

Interviews & Exclusives
Thredd CEO: Compliance Will Define Future of Payments

April 25, 2024
Whenever you see a successful business, someone once made a courageous decision. That quote, by management consultant Peter F. Drucker, holds more true today than ever before — particularly given the shifting dynamics and challenges of the contemporary macro operating environment, where courageous and agile decisions are the life blood of business success. “The FinTech […]

Closing the Books on the Global Challenge of X-Border Accounting

February 06, 2024
One of the biggest challenges to account for in cross-border payments is, well, the accounting. It’s a silent but often deadly snarl that can tangle up business’ plans to tap...

Platforms and the Cloud Help Enterprises Achieve ‘Continuous’ Tax Compliance

January 16, 2024
It’s 2024 and, yes, the year is only a few weeks old. When it comes to tax compliance, Sovos CEO Kevin Akeroyd said as more companies do business across borders,...

Companies Need to Be ‘Adaptive’ and ‘Curious’ in 2024 as Regulations Loom

October 27, 2023
Kathryn McCall, chief legal and compliance officer at Trustly, said that as 2023 gives way to 2024, there are a few simple truths governing payments. With the continued emergence of...

Quick Reads
Sovos Enhances Partner Network Amid Demand for Tax Compliance Services

April 15, 2024
Compliance company Sovos has enhanced its Sovos Partner Network program to make it easier for partners to access new opportunities in technology, revenue and marketing. The program centers on the Sovos Compliance Cloud, which is a platform for tax compliance and regulatory reporting, the firm said in a Monday (April 15) press release. “The Sovos […]

Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements

April 10, 2024
The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken while speaking Wednesday (April 10)...

Sovos Enhances Connector Marketplace Amid Tax Compliance Changes

April 10, 2024
Tax software firm Sovos has debuted an enhanced version of its Connector Marketplace. The launch, announced Wednesday (April 10), makes it easier for customers and partners to connect to Sovos’ Compliance Cloud.  These connectors...

UK Electronic-Money Company Transactive Systems to Cease Operations

February 28, 2024
Transactive Systems, an electronic-money company in the United Kingdom, is reportedly ceasing operations following the revocation of one of its licenses due to concerns about money laundering. The company’s CEO,...